1602 GMT: A Death in Detention. Human rights activists claim participants in the 40th day memorial for blogger Sattar Beheshti, who died on 3 November under interrogation in Evin Prison, have been beaten, with several arrested.

This would be a sharp drop from Iran's October figure of 1.3 million barrels per day and a declinemore than 60% from last year's level of 2.2 million bpd.

Iran's recorded low this year was 860,000 barrels per day in the summer.

2200 GMT: Sanctions Watch. We return to our opening entry (see 0720 GMT) of the extension of US waivers from financial sanctions for those countries which reduce imports of Iranian oil.

The State Department announced further six-month extensions for nine countries tonight. As expected, waivers for renewed for India, South Korea, and Turkey before next Tueday's expiration. The US also acted now rather than waiting for the deadline later this month for China, Malaysia, Singapore, South
Africa, Sri Lanka, and Taiwan.

2050 GMT: Nuclear Watch. The US has set a March deadline for Iran to fulfil the American vision of cooperation with the International Atomic Energy Agency, threatening referral of the matter to the United Nations Security Council.

Speaking to the IAEA board, American diplomat Robert Wood requested that IAEA Director-General Yukiya Amano declare in his next quarterly report on Iran, due in late February, whether Tehran has taken "any substantive steps" to address concerns.

Wood continued, "If by March Iran has not begun substantive cooperation with the IAEA, the United States will work with other board members to pursue appropriate board action, and would urge the board to consider reporting this lack of progress to the U.N. Security Council. Iran cannot be allowed to indefinitely ignore its obligations....Iran must act now, in substance."

Amano told the board that there had been no progress in his agency's year-long push to clarify concerns about suspected atom bomb research in Iran, but said he would continue his efforts.

The Director-General had expressed optimism in June, just before the last meeting between Iran and the 5+1 Powers on Tehran's uranium enrichment, over a resolution of the protocol for inspection and supervision of Iran's nuclear facilities. However, the hope receded amid the stalemate in Tehran's talks with the 5+1.

Iranian officials have said discussions will resume with the IAEA on 13 December.

1815 GMT: Currency Watch. It looks like the Central Bank, trying to preserve foreign reserves, is restricting trade in the Iranian Rial. Reports indicate the Bank has declared that foreign currency accounts cannot be opened with Rials, but interest on the accounts will be paid in the local currency.

Meanwhile, an indication of the "real" price of gold, amidst the blackout on information. Khabar Online claims that advance sales of gold coins are trading at 14.44 million Rials (about $1200 at official rate).

That is an increase of about 11% on the "current" price, last posted on Tuesday.

Footage from Wednesday's closure of the Tehran Bazaar and nearby protests

2051 GMT: Currency All-is-Well Alert. Mohammad Keshti-Aray, the head of the Gold-Sellers Union, has said that the Rial strengthened to 30000:1 to 31000:1 vs. the US dollar --- Tuesday's rate, the last posted on leading website, was 35500:1 --- and that the price for gold coin is down as well.

Keshti-Aray assured that dollar and gold rates would be "clarified" on Saturday,

UPDATE 1510 GMT: Many Western outlets have picked up on an extract from an interview of Abbasi Davani by Al Hayat in which the head of the Atomic Energy Organization that Iran intentionally passed misleading information to the International Atomic Energy Agency.

That declaration inevitably has led to assertions of Iran's deceit over its nuclear programme. However, it needs to be considered in conjunction with Abbasi Davani's asssertion that the IAEA has been penetrated by operatives of foreign intelligence services or has passed data to those agencies. In other words, the Iranian "deception" is a necessary defence to prevent espionage via the IAEA.

Fereydoun Abbasi DavaniTehran's approach has been over-interpreted by some leading analysts. For example, they assessed a weekend warning by the head of the Atomic Energy Organization --- ignoring his "carrot" about limiting uranium enrichment --- as the prospect that Iran would leave the Nuclear Non-Proliferation Treaty.

It will not, at least not at least not in the foreseeable future. However, the Islamic Republic is also signalling that it will not concede to the US-European demand that Tehran offers a notable concession before high-level talks resume. And that in turn means that the political stalemate, the sanctions hampering Iran's economy, and the carrot-and-stick rhetoric will continue.

1755 GMT: Currency Watch. Central Bank head Mahmoud Bahmani has announced a Bank portal to retrace moves in the official rate for foreign exchange, indicating there will be a halt to sales on the open market.

1750 GMT: All the President's Men (cont.). MP Mohammad Bayatiani has contested the claim that 164 MPs --- more than half the Majlis --- have supported controversial Presidential aide Saeed Mortazavi in his position as head of the re-formed Social Security Organization (see 1515 GMT) is "an obvious lie". He said the legislators had given thanks to the Organization, not Mortazavi.